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Recent News
Dutch Lead Overseas Investors Here, BKPM Says
Date: 3 July 2009 - Author: Jakarta Globe
The deputy chairman of the Investment Coordinating Board said on Monday that the Netherlands was the No. 1 investor in Indonesia over the past six months, although he declined to state the actual value of the investments.
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RI eyes 8% rise in next year’s CPO output
Date: 3 July 2009 - Author: The Jakarta Post
Indonesia, already the world’s biggest producer of palm oil, expects output to remain strong due to continued rising palm oil prices that are boosting the appetites of farmers and private companies to plant the commodity. Achmad Manggabarani, director general for plantations at the Agriculture Ministry, told a forum Tuesday that next year Indonesia would produce 23.2 million metric tons of palm oil, 8 percent higher than an estimated 21.5 tons in 2008. Achmad said the trend would continue to rise in the coming years, with output by 2020 expected to reach 40 million tons. “The government predicts the 2020 target can be achieved if Indonesia has 9.1 million hectares of palm oil plantations, with each hectare producing 4.5 kilograms,” said Achmad. Bloomberg reported that palm oil futures on the Malaysia Derivatives Exchange have increased by 32 percent this year as demand rose on expectations of a global economic recovery.Palm oil for September fell 1.5 percent to 2,227 ringgit (US$633) a ton at 6. p.m. Kuala Lumpur time.
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Thousands Hit The Streets to Celebrate Batik, Indonesia’s Cultural Treasure
Date: 3 July 2009 - Author: The Jakarta Globe
Thousands of people lined Jalan Slamet Riyadi in the batik capital of the world on Sunday during the 2009 Solo Batik Carnival in Central Java. Participants decked out in costumes featuring the traditional artwork walked and danced the 10-kilometer route to the delight of those in attendance.
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Study asks Indonesia to adopt green economy
Date: 3 July 2009 - Author: The Jakarta Post
A study analyzing the impacts of switching to a low-carbon economy has shown that investing more in energy efficiency, reducing the use of coal-based fuels and stopping deforestation, could improve per capita incomes and help ease the level of unemployment. The joint study was conducted by Padjadjaran University, the Center for Economic and Development Studies (CEDS), Strategic Asia and the office of the State Minister for the Environment.
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RI`s carbon emissions total 640 giga tons
Date: 3 July 2009 - Author: ANTARA
The office of the state minister for the environment said total gas emissions in Indonesia from 2003 to 2008 reached 638.975 giga tons. Third deputy for development of natural resource conservation and environment damage control Masnellyarti Hilman made the statement at a discussion on Green Economy here on Friday.
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Work, Holiday Visa Available for Young Indonesians, Australians
Date: 3 July 2009 - Author: ANTARA
Jakarta - From July 1, young Indonesians and Australians can apply for new work and holiday visa that allow extended stays in each country supplemented by short-term employment, an official report said,
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RI, China Sign Extradition Cooperation Document
Date: 3 July 2009 - Author: ANTARA
Beijing - Visiting Indonesian Foreign Affairs Minister Hassan Wirayuda and his Chinese counterpart Yang Jiechi signed a document on extradition cooperation here on Wednesday.
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RI Calls on Arab League to Promote Reconciliation in Iraq
Date: 3 July 2009 - Author: ANTARA
Jakarta - Indonesia has called on the Arab League to promote reconciliation in Iraq following the withdrawal of United States forces from the country.
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GOVT PREDICTS ECONOMY TO GROW 4.3 PCT THIS YEAR
Date: 1 July 2009 - Author: ANTARA
Jakarta - The Indonesian government has predicted the country's economic growth this year may reach 4.3 percent amidst the minus 1.3 percent global economic growth.
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BI: ECONOMY MAY GROW ABOVE FOUR PERCENT
Date: 1 July 2009 - Author: ANTARA
Jakarta - Bank Indonesia (BI) Deputy Governor Hartadi A Sarwono said it was possible for the country's economy to grow above 4.0 percent if the US and Europe recovered.
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